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Does schooling generate social returns in excess of the private returns captured by the individual who makes the human capital investment? As a strategy to detect human capital externalities I use Dutch survey data to estimate the impact of the average human capital stock in a region on...
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This paper presents new evidence on the social returns to education within a macroeconomic growth regression framework …. I use improved schooling data and a macro version of the Mincer relationship between education and wages for individual … workers. The results suggest that an increase by one year of the average education level of the labor force would increase …
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This is the Final Report for the forward-looking evaluation on the future pre-accession financial instrument beyond 2013, commissioned by Directorate-General for Enlargement (DG ELARG) of the European Commission (EC). The work was carried out between December 2010 and May 2011 by the European...
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